Farid Naib is CEO and Founder of Document Depository Corporation and an angel investor.
The DocDep team wants to thank PACT and all the sponsors of IMPACT 2016 for putting on a tremendous conference! We’re excited about the new relationships we formed during the event and eagerly await IMPACT 2017!
DocDep is pleased to announce the attendance at the IMPACT2016, the premier signature event of PACT, an organization that serves as a catalyst for venture funding and entrepreneurial success. IMPACT2016 will be held on November 29 & 30 at the Sheraton Downtown Philadelphia Hotel and the CRYSTAL TEA ROOM.
Cap tables are part of a company’s DNA; the composition of a cap table can reveal a lot about who the decision makers are and even perhaps what a company might do. From the founding of your business to an exit, you must fully comprehend your company’s ownership and understand how certain changes, such as new rounds of financing or the issuance of options, might impact the economics to each equity holder. Despite the importance of your cap table, it is very easy to make mistakes. For example, many companies still rely on spreadsheets (read more about this in Cap Table Management: Stop Relying On Spreadsheets) to manage their cap table, but more sophisticated methods are available and needed once a business raises capital. As your company grows, a number of things will occur that are sure to complicate your cap table. Even the slightest misstep in a spreadsheet cap table can amount to a huge problem.
All companies, from large businesses to startups, will need to hold regular board meetings. These meetings will provide Board members the opportunity to evaluate operations and guide the strategic vision of the company. For that reason, members of the Board are critical advisers whose input will be crucial for driving future success. Ensuring a smooth and efficient meeting will take advantage of the Board’s limited time while providing the maximum benefit for the business’s long term strategic initiatives.